Texas highway loan stars revealed

A loan of US$415million from the US government’s Transportation Infrastructure Finance and Innovation Act programme will help meet the cost of building toll lanes and rebuilding existing lanes at the Interstate 35 highway (I-35W) near Fort Worth, Texas. The works are part of the $2.5billion North Tarrant Express project, which is currently under construction in the northeastern part of Tarrant County, Texas. A consortium of companies led by Spanish toll road developer Cintra, NTE Mobility Partners is behi
May 3, 2012 Read time: 1 min
A loan of US$415million from the US government’s Transportation Infrastructure Finance and Innovation Act programme will help meet the cost of building toll lanes and rebuilding existing lanes at the Interstate 35 highway (I-35W) near Fort Worth, Texas.

The works are part of the $2.5billion North Tarrant Express project, which is currently under construction in the northeastern part of Tarrant County, Texas. A consortium of companies led by Spanish toll road developer 5428 Cintra, NTE Mobility Partners is behind the development of the North Tarrant Express. The 5427 Texas Transportation Commission will fund an additional $150million of the I-35W expansion.

For more information on companies in this article

Related Content

  • Analysis reveals increase in UK government infrastructure and construction pipeline
    December 9, 2016
    Analysis by KPMG has revealed a US$49 billion (£38.9 billion) jump in the value of the UK Government infrastructure and construction pipeline since March 2016. It also revealed that 60 per cent of the US$633.8 billion (£502.3 billion) in pipeline value is predicted to be spent by 2020. The report, National Infrastructure and Construction Pipeline – KPMG Analysis, reflects a total allocated value of US$633.8 billion (£502.3 billion), from US$584.6 billion (£463.4 billion) in March 2016. It highlights t
    Read More
  • MoDOT to build highway of the future in birthplace of the interstate highway system
    June 3, 2015
    The Missouri Department of Transportation (MoDOT) is soliciting proposals from private industry, entrepreneurs and innovators around the world to use I-70 between Kansas City and St. Louis as a testbed for their ITS solutions. Called Road to Tomorrow, the stretch of the interstate is being dubbed as the highway of the future and is being built at the birthplace of the U.S. Interstate System. Missouri was the first state to begin construction shortly after the 1956 bill was signed into law by President Dwi
    Read More
  • Buttigieg 'to put $150bn' into public transit
    January 20, 2021
    Cash part of proposed $1 trillion infrastructure package from new US administration
    Read More
  • Texas opts for Schneider Electric open road tolling
    July 26, 2013
    Schneider Electric is to implement its open road tolling (ORT) solution for Cameron County Regional Mobility Authority’s (CCRMA) expansion of the Port Spur SH550 tolling project in Texas, following successful implementation of the first phase in 2011. The project will link Port Spur to US77, allowing vehicles to bypass the city of Brownsville, ultimately reducing traffic congestion in the area. It will also provide a bypass for local traffic heading to South Padre Island, allowing traffic to be rerouted fro
    Read More

Highlighted Content